The following three stocks are on the radar of retail investors and day traders heading into the new trading week.
Virgin Galactic Holdings Inc (NYSE: SPCE): The Sir Richard Branson-founded company is a space tourism play.
Heading into a new trading week, Virgin Galactic Holdings Inc. (NYSE: SPCE) is seeing the highest interest on Reddit’s r/WallStreetBets forum, followed by SPDR S&P 500 ETF Trust (NYSE: SPY).
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
Initial and secondary public offerings enticed insiders to come out and buy shares this past week.
Besides IPOs, biotechs and special purpose acquisition companies are well represented on this week's list.
Data from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
Virgin Galactic (SPCE)
Alibaba (BABA)
ContextLogic (WISH)
Amazon (AMZN)
Apple (AAPL)
SoFi Technologies (SOFI)
Tesla (TSLA)
NIO
Krispy Kreme, Inc. (NASDAQ: DNUT) shares are trading lower amid post-IPO volatility.
The company recently went public this past Thursday, July 1. The stock opened at $16.30 and is trading about 11% higher at $18.10 per share since then.